Quest Laboratories Limited IPO (Quest Laboratories IPO)

Quest Laboratories Limited IPO
Upcoming Quest Laboratories IPO | New Quest Laboratories IPO

Quest Laboratories Limited is a pharmaceutical company manufacturing a range of antibiotics, antimalarials, antispasmodics, anti-inflammatories, antiemetics, respiratory medications, diabetes treatments, antidepressants, and more.

The company operates in the domestic market across twelve (12) states and two (2) union territories. These include Uttar Pradesh, Madhya Pradesh, Maharashtra, Delhi, Jharkhand, Assam, Karnataka, Jammu & Kashmir, Rajasthan, West Bengal, Gujarat, Telangana, Haryana, and Bihar.

The manufacturing unit of the company is located in Dhar, Madhya Pradesh. The company holds WHO Schedule M GMP and GLP certifications, as well as ISO/IEC 17025:2017 and ISO 9001:2015 certifications.

By December 31st, 2023, the company employs 83 individuals to look after various aspects of its manufacturing operations, including production, quality control, technical and engineering support services, inventory management, administration, accounting, and other functions such as storage, packing, and dispatch.

Quest Laboratories IPO

Quest Laboratories IPO – Details

IPO Opening Date15 May 2024
IPO Closing Date17 May 2024
Issue TypeBook Built Issue IPO
Issue Size44,49,600 Shares Worth ₹43.16 Crore
Fresh Issue: 44,49,600 Shares Worth ₹43.16 Crore
Face Value₹10 per equity share
IPO Price₹93 – ₹97
Market Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Quest Laboratories IPO – Date Schedule

IPO Open Date15 May 2024
IPO Close Date17 May 2024
Basis of Allotment21 May 2024
Initiation of Refund22 May 2024
Credit of Shares to Demat Account22 May 2024
IPO Listing Date23 May 2024
Cut-off time for UPI mandate confirmation5 PM on May 17, 2024

Quest Laboratories IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11200₹1,16,400
Retail (Maximum)11200₹1,16,400
HNI (Minimum)22400₹2,32,800

Competitive Strengths

  • Multi-product capability.
  • Revenue from Government institutions.
  • Product Portfolio.
  • Research and Development.
  • Quality assurance.
  • Experienced Promoter and management team.
  • Supply Chain Efficiency.

Company Promoters

  • Mr. Anil Kumar Sabarwal
  • Ms. Tejaswini Sabarwal

Object Of The Issue

  • Funding of capital expenditure towards purchase of plant and machinery for expansion at the existing manufacturing facility;
  • Funding working capital requirements of the company;
  • General corporate purposes;
Quest Laboratories IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202130.4329.640.653.04
31 March 202259.5453.774.103.12
31 March 202361.8654.905.024.09
31 December 202362.1751.037.744.60
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)12.48
EPS (Rs)4.216.31
P/E (x)23.0315.38

Quest Laboratories IPO Promoter Holding

Pre Issue Share Holding90.36%
Post Issue Share Holding65.82%

Quest Laboratories IPO Prospectus

Company Contact Information

Quest Laboratories Limited

Plot No. 45, Sector III
Pithampur Industrial Area, Pithampur
Dhar – 454775,

Phone: 07292292374

Quest Laboratories IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Quest Laboratories IPO Lead Manager(s)

1. Shreni Shares Limited

Quest Laboratories IPO FAQs

Quest Laboratories IPO FAQs
What is Quest Laboratories IPO?

Quest Laboratories IPO is a SME IPO. The issue is priced at ₹93 – ₹97 per equity share. The IPO is to be listed on NSE SME.
When Quest Laboratories IPO will open?

The IPO is to open on 15 May 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors.
How to Quest Laboratories IPO?

You can apply for Quest Laboratories IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Quest Laboratories IPO through 5 Paisa?

Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Quest Laboratories”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa.
How to Apply the Quest Laboratories IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Quest Laboratories”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Quest Laboratories IPO Size?

Quest Laboratories IPO size is ₹43.16 crores.
What is Quest Laboratories IPO Price Band?

Quest Laboratories IPO Price Band is ₹93 – ₹97.
What is Quest Laboratories IPO Minimum and Maximum Lot Size?

The minimum bid is 1200 Shares with ₹1,16,400 amount while the maximum bid is 1200 shares with ₹1,16,400.
What is the Quest Laboratories IPO Allotment Date?

Quest Laboratories IPO allotment date is  21 May 2024.
What is the Quest Laboratories IPO Listing Date?

Quest Laboratories IPO listing date is 23 May 2024. The IPO is to list on NSE SME.
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